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Anyone ever average out what Mike and Cliff are making off interest free loans with Xcelerate Inc?
The filings said more funding is required so I'd assume Mike and Cliff will be making even more money unless Mike can find someone else he represented in court years back?
Look on the bright side shareholders, at least someone is making money off this trainwreck?
.015?
Great job!
IMO
Did Mike let the lease expire at The Santa Barbara facility where they make Caremedx?
I saw the lease expired but haven't seen a new lease produced?
Is Caremedx still being produced?
Can't ask Mike, no one is heard from him in almost a year?
Which ironically is the same amount of time since Joe Pignatiello died?
Mike has gone dark?
And in his darkness he certified errors in the management certification?
His largest shareholder and a person giving Xcelerate interest free loans had his name misspelled in the certification?
Wasn't even close went from Theisen to Thiessen?
How does a forensic accountant mess that up?
Shareholder should sue Mike he misrepresented a legal filing?
No wonder Michael O'Shea has dissapeared?
Mike you are missing your opportunity to blame lack of business on tariffs?
Instead of low life 3rd party con dump and dump promoters floating around making excuses for a company they company should make excuses for themselves?
IMO
Apparently it rubs the lotion on its skin....followed by drinking a bit too much of a nice Chianti
XCRT
Perhaps your head itches for other reasons?
Caremedx lotions can solve that?
Psoriasis,herpes, dandruff?
Whatever is making your head itch ESN and caremedx might have the solution?
Oh wait?
Did ESN resign the lease that expired at there manufacturing facilty in California?
Big red flag?
If not other products might help as well?
IMO
Simply put….
“Extreme issues with XCRT”
Iggy to the moon Alice!
Someone has a fascination with lotions. Talking about other posters on here and the amount of lotion that they put on really has my head scratching.
Michael O'Shea was hired by Clifford Theisen years back to do forensic accounting for a lawsuit involving TS Brass?
Can you imagine if Mike misspelled Clifford Theisen name in the opinion in the law case?
So how does he misspell his name horribly Thiessen in the management certification a fee months ago?
Mike certified the document was correct?
Also how does someone who hired Mike years before in a seperate case become XCRTs largest shareholder?
Making money on interest free loans?
People just sit back then come out of hiding every 3 months to cheer Mike and use the same cliche lines of 'it's coming' 'I feel it"?
The same 3rd party clowns who were rubbing caremedx lotions all over their family members when Mike sold shares to buy ESN?
IMO
You should honestly take the tax loss if you bought in at .174
$0.174 est 2021 ?
Yes, it sure has !But I feel it’s gonna be well worth it!!! I always believed in the African mission. That has potential to be huge ! Go Xcrt!!
Michael O'Shea is a forensic accountant yet he didn't know Clifford Theisen name was spelled wrong on the signed Management certification?
He's a forensic accountant?
A forensic accountant?
How do you not know how to spell the name of the individual getting paid on interest free loans from your company?
An individual you represented in court years prior?
Forensic accountant?
IMO
You and I both!
A lovely weekend followed by a nice week👍
Looking forward to it all coming together.
Enjoy your weekend everyone.
XCRT
SOLID
Rumor is news is imminent? AfiyaSasa might finally come to life yet. Long wait to say the least. 😀
Still no change in share structure. Coming up on two years later this Summer🤔🤔
https://www.otcmarkets.com/stock/XCRT/security
Things have taken longer than anticipated....but that's life in the OTC in general.
XCRT
And? Do you need a follow up post to make a point?
Unless you are talking about Michael oshea wife holding the lease for Xcelerate while her husband gets paid on interest free loans against the company?
You might be talking about Clifford Theisen hiring of Michael O'Shea for a forensic accounting case TS Brass and possible inside loan trading years later on Xcelerate?
Maybe?
Or are you referring to the expired lease in California where Carmedx was made?
But if you are not talking about those things what's your point?
IMO
CHAT GPT is pretty amazing -
Laraz5 is an OTC board user on InvestorsHub. They’re notably critical and often post skeptical or snarky comments about micro-cap company management, dilution, and share-selling. No real-name info appears—just a long-standing forum persona with a consistent posting style.
Did you run this through spellcheck or even check your grammar?
It's an opinion not an update?
It's the same opinion over and over again from a supposed shareholder or 3rd party paid promoter?
Michael O'Shea has not said a word to shareholders in almost a year or the same amount of time since the Joe Pignatiello died?
Almost making it appear as Joe was the communications of XCRT?
Now shareholders only receive the same dribbled every 3 months from slimy con artist promoters trying to tie non company actions into events?
But they are silent on the insider fraud Mike might have fed Clifford Theisen aka Thiessen as Mike likes to spell it?
Notice Mike Oshea never signed the Management Certification?
Why? Because he changed Cliffs name?
Maybe?
Did Cliff hire Mike for a court case in 2018?
Is XCRT repayment for services?
Insider trading?
Did Clifford Theisen abusive his wife as documents read? Is Mike knowingly doing business with a person who heats their spouse?
Shoddy indeed?
A wife beater? Really?
IMO
Thanks for the meaningful update.
XCRT
"Net cash flows provided by financing activities totaled $285,317 during the six months ended June 30, 2024, compared to $224,007 during the six month periods ended June 30, 2023. Subsequent to our Regulation A Offering in 2022, all of the funding for our operations has been provided by our CEO and affiliated shareholders in the form of interest-free demand loans. As of June 30, 2024 and December 31, 2023, the balance of notes payable was $1,706,110 and $1,420,793, respectively. The composition of the notes payable balance as of June 30, 2024, was $1,300,000 due to two shareholders and $406,110 due to our CEO."
Is Mike and Cliff the only ones cashing in?
IMO
Thanks for the info!!!! Go Xcrt!
Indeed. They got sidetracked with putting the ESN Group deal together and aligning the S-1 application to fund the AfiyaSasa program…then the Borgers fiasco dropped the bomb on everything just as they were ready to go. Yuck!
They have regrouped and are going to “in-house” fund the AfiyaSasa project to get the “proof of concept” in place at the main hospital in Tanzania. Dr Ellegala has renewed contracts with all parties involved. Initial funding will be plenty to provide staff and support needs for a year. Mike will put out a press release here shortly once things are stamped in stone.
All SEC requirements are current and no dilution since acquiring 51% of the revenue producing ESN Group. The Form S-1 that was issued just before Borgers screwed the pooch was “withdrawn” last month for any following. BTW:
https://www.otcmarkets.com/filing/html?id=18509588&guid=wQi-kab0xthRB3h
Absolutely beautiful!!!! Let’s gooo !! It has been a long wait, but I always believed it was going to be worth it.! Go Xcrt!!!
Rumor is news is imminent? AfiyaSasa might finally come to life yet. Long wait to say the least. 😀
Still no change in share structure. Coming up on two years later this Summer🤔🤔
https://www.otcmarkets.com/stock/XCRT/security
Also? When I say Clifford Theisen name has been altered I'm talking about the management certification from 4/29/25?
Why was his name altered if so in that certification?
Also just did an AI Google search and that is showing the spelling of Clifford Theisen who owns 12.8% of XCRT shares?
How could Mike mess that up?
IMO
I'm am so confused by this one?
If this is not the same person I have no idea the small percentage of chance this could happen?
Clifford R Theisen retained Michael F Oshea back around 2018 for forensic accounting services in a case T&S brass vs. Clifford Theisen?
But? Is this the same Clifford Thiessen who is a 55 million shareholder in XCRT?
If not, that is one hell of a coincidence?
But if so it is strange the spelling on Cliffords last name was manipulated terribly?
Theisen vs. Thiessen?
You know what they say?
An I before E except after fraud?
Or is it Fruad?
Who knows?
IMO
Yep. I caught that also. Fingers crossed we see some nice updates here soon. Way overdue. Mike has mentioned to me that he doesn’t care to pr fluff…he’ll update when things are rock solid and ready to move FWIW. 🤔
Oh yes, if you watched level 2 they’re not gonna let it fall any lower! Because someone knows good news is coming! Every time it starts to fall someone throws a huge bid out! Go Xcrt!
Or just go to the office? Is Being lied to your face cooler than over the phone?
.014 everything is wonderful?
We are so close?
To bankruptcy?
The old carrot dangling not cutting it anymore?
IMO
Goog grief…so much trash talk and time spent spewing non-sense? IMO
A simple phone call or two is all it takes to know how close we are. Amazing. IMO
Any seriously interested in where things are at - give Mike a call. He is very straight forward. Not full of BS!!
Seriously!
PS: He did mention to me that any are welcome to give him a shout.
"Net cash flows provided by financing activities totaled $285,317 during the six months ended June 30, 2024, compared to $224,007 during the six month periods ended June 30, 2023. Subsequent to our Regulation A Offering in 2022, all of the funding for our operations has been provided by our CEO and affiliated shareholders in the form of interest-free demand loans. As of June 30, 2024 and December 31, 2023, the balance of notes payable was $1,706,110 and $1,420,793, respectively. The composition of the notes payable balance as of June 30, 2024, was $1,300,000 due to two shareholders and $406,110 due to our CEO."
"Management believes that we will require up to $5.0 million in additional funding in order to implement our current business plan and begin generating profits, primarily to be utilized in our proposed Africa operations and expansion of the ESN Group operations. This figure does not include any additional acquisitions that may present themselves."
No dilution?
Huh?
IMO
What's Mike paying his wife aka Kenmare holdings llc for the rent of Xcelerate Inc office space?
Was he paying her when that office was only being used for his forensic accounting?
Is he still forensic accounting?
Why won't you answer the question of ESN lease running out March 2024?
IMO
A year and a half now -Zero Dilution!
https://www.otcmarkets.com/stock/XCRT/security
Sub pennies ahead? Have no fear when XCRT hits .009 I'm sure we will get another "just spoke to Mike" update where everything is terrific and money is flowing in?
Seems unimaginable that someone would speak to Mike and not ask his about ESN manufacturing plant lease expired in March 2024?
It just seems important?
Maybe not?
It's Michael O'Shea so I guess that perfectly normal?
Does anyone know what husband wife charges the 200 square foot Xcelerate Inc office per month in rent?
Does Mike pay in shares? Is that how she got so many?
Is Judy's daughter Kim Sozzi the C level pop star?
Would be amazing?
IMO
Nice update!! Thanks Go Xcrt!!
This is one of my favorite parts of the management certification?
Remember they told you that claiming there were 3rd party promoters was lies and Libel?
"The following is a complete list of third-party providers, including firm names and addresses, and primary contact
names, engaged by the Company, its officers, directors or controlling shareholders, at any time during the last
complete fiscal year and any interim period between the last fiscal year end and the date of this OTCQB Certification,
to provide investor relations services, public relations services, marketing, brand awareness, consulting, stock
promotion, or any other related services to the Company."
It's almost like everything these filth 3rd party promoting slimes claim i said that's untrue becomes true?
IMO
Yep. He and team are very much involved with getting the AfiyaSasa project moving forward. Everything is in place. Just waiting on funding which sounds imminent. Once seed monies are in hand we should start seeing some updates. Hospital contracts, Dr Ellegala, AdviNOW are all still in place. Surgical device(s) are moving forward as well. Long wait but still a ton of potential forthcoming.
Mike isn’t going to send any updates until there is a solid reason(s) to do so. There is no dilution. Share structure updates are filed every couple days now - share price is in the tank anyway. The skin care line of products is growing nicely.
Once the AfiyaSasa has the funding he will have solid news to PR out to everybody. And it will be serious investors that Xcelerate will be focused on to expand the proposed network throughout S Africa. Share price will follow.
As I understand…funding is only a lenders signature away. Mike did mention to me that with the funding, things will be running by the end of Summer? 🙏🤞🙏
Once the green light starts flashing??? It’ll be good!
Que the "I spoke to Mike and so many wonderful things are happening" fake call some 3rd party con artist will vomit up soon?
Maybe Mr. Thiessen has some personal matters he need assistance with and hired Mike for some forensic accounting like back in the day?
IMO
About the same time the CEO vanished?
No updates?
No PRs?
Is Mike even still alive?
I know the marketing director passed away in December but Mike is still alive, right?
What happened to ESN warehouse lease it was set to expire last year?
Mike can't even update if it was renewed?
Something stinks in Maulden?
And it isn't Mr Thiessens domestic issues?
IMO
IMO
Share Structure…N/C’s👍 Same now for almost a year and three-quarter's.
https://www.otcmarkets.com/stock/XCRT/security
ESN lease ran out in March 2024? That's concerning?
IMO
Management Certifacations - Zero Convertable Debt!
Note: Beneficial Ownership😉
https://www.otcmarkets.com/file/company/financial-report/459094/content
Annual Report…on time.
https://www.otcmarkets.com/file/company/financial-report/459091/content
Almost 6 months since Joe Pignatiello passed and not a single word out of XCRT?
Who was really running this company?
Xcelerate had more updates when Joe was alive?
Maybe he was in fact the marketing director after all?
What does Mike actually do?
Who is running Xcelerate Inc?
Cathy Scangarella took another job did she resign as a board member?
No one has emailed her right?
Was she ever really on the BOD?
Starting to doubt it?
IMO
Spot on post! Well said straight to the point and addresses the problems outside XCRT as well as inside XCRT?
IMO
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